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Risky Thinking
On Risk Management, Business Continuity, and Security
24 April, 2017
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Asset (Definition)

Property (tangible or intangible) which is owned by an organization.

Assets are generally divided into three classes:

  1. Physical Assets (buildings, equipment, inventory)
  2. Fiancial Assets (cash, bank deposits, accounts receivable).
  3. Intangible Assets (reputation, brand names, etc.)

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One of my guilty pleasures is a breakfast at McDonald's. Twice a year McDonald's issue discount coupons which make those breakfasts a little cheaper. But over the years, the security of those coupons has declined. Read more...

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